Member Info for JMAX

I am a LTH, who has posted on this board for many years. I'm not negative, just realistic.
What have you got to say about all the rampers who continually get it wrong?

If / when poo retraces our SP could fall off a cliff. The hedges protect the big boys, leaving the scraps for PIs. We need positive news on Kenya while poo is at current prices. Poo at about 90usd and TLW at around 54p is concern.

If / when poo retraces our SP could fall off a cliff. The hedges protect the big boys, leaving the scraps for PIs. We need positive news on Kenya while poo is at current prices. Poo at about 90usd and TLW at around 54p is concern.

Sand, I appreciate the reply

Sand,
Holding RNS with regard to buying?
The big boys have had nearly 2 years to buy and with poo at about 90usd and TLW mid 50s, are we that attractive.

Mr Skipper,
'Fly' to what price range ?

For that to happen PoO would have to stay at $90 or above all year...

The increase in PoO to the high $80s has played its part more than our new leader.

Hey arn.

Down as most of this news was priced in, too much of our production being sold cheap and the low end production guidance . Also, the debt coming down just means the big boys are getting their money.

Thom,

So some of this will be already priced in.
You're welcome

Michael,
The current hedges aren't helping, that's what's holding us back- 75% of our production has a ceiling price of about 70usd

The pullback you referred to included two disastrous RNS and a global pandemic - yesterday's drop was not TLW specific and poo was in the mid $80s.

Yes and I loaded up :)

PG,
Increased production guidance and new hedging agreements will get us there.

Super,

pullbacks are to be expected - it's the norm. Around 2018/19 we were bouncing around 180p - 230p.

Sand,
Thank you for the response.

Sand,
To what extent do you expect to see shorts close ?

Chill people, the SP only matters if you're buying or selling. Furthermore, as the SP rises rises as we head north, the pullbacks will be more 'violent'.

What is so bad, what dip ? Nothing goes up in a straight line

Geo,

Have a look at the 2 RNS from Nov and Dec 2019. We were overvalued, and were taken down to Sub 70p. And poo is misleading due to our hedging. But we are in far better shape as a company now.